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Category Archives: Cryptocurrency

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IMF recommends El Salvador to limit the public’s exposure to Bitcoin

The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks from Bitcoin” The International Monetary Fund (IMF) has recommended that El Salvador reduce the scope of its Bitcoin law

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Crypto market on a free fall as Iran launches missiles into Israel

Crypto market drops as Iran launches missile strikes into Israel. Bitcoin falls to $62k; Ethereum drops below $2,500. The global crypto market cap declines by 2.72% to $2.18 trillion. The global cryptocurrency market has witnessed a sharp decline following reports of Iran firing missiles into

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Bitcoin targets $63k as crypto market awakens after Fed rate cut

Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K Ethereum and Solana have also surged, reflecting a broader crypto market rally Caution remains due to economic uncertainties and potential regulatory issues Bitcoin’s (BTC) price has surged past $62,000 following the US Federal

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WIF, PEPE, and SEI shine as cryptocurrencies surge

WIF, PEPE, and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on September 19 These gains followed the US Federal Reserve’s 0.5% interest rate cut Analyst says WIF could outpace the market in coming weeks Meme coins dogwifhat (WIF), Pepe (PEPE),

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Ethereum Foundation sells 300 ETH as price hits $2.5k

The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500 The Ethereum Foundation has once again dumped more

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US spot Ethereum ETFs see largest daily outflows since July

Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot

Bitcoin surges past $65k pushing 90% of holders into profit

Bitcoin’s price rose to $65,500 on major exchanges, reaching a seven-week high The upside sees most Bitcoin holders in profit, which IntoTheBlock puts at over 90% Bitcoin has spiked past $65,000, reaching the highest price since early August 2024. The surge, with BTC hitting $65,500

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